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Fortune 500: Western Digital Up, Broadcom Breaks in

Orange County’s contingent on the 2009 Fortune 500 list of the nation’s largest companies held steady at four, while the county lost one entry on the magazine’s larger Fortune 1000 ranking.

Santa Ana’s Ingram Micro Inc., the county’s largest company, is the highest ranking local company on this year’s Fortune 500 at No. 67, up from No. 69 a year earlier.

Ingram Micro, the largest distributor of technology products, had 2008 revenue of $34.4 billion.

Earlier this month, the company topped the Business Journal’s annual list of the largest public companies, as it has for years.

It’s the ninth largest public company based in California, according to Fortune.

The big gainer: Lake Forest-based disk drive maker Western Digital Corp., which moved from No. 439 a year ago to No. 319 on this year’s Fortune 500.

Western Digital saw a 19% gain to $8 billion in revenue last year.

Santa Ana-based First American Corp., a provider of title insurance and real estate-related data, fell from No. 312 last year to No. 398 with a 22% drop to $6.3 billion in 2008 revenue as the mortgage, housing and commercial real estate markets continued to slump.

Irvine chipmaker Broadcom Corp. broke into the Fortune 500 for the first time at No. 495, up from No. 575 a year earlier.

Broadcom leapfrogged Irvine drug maker Allergan Inc., which ranked No. 554 last year and rose to No. 517 on the magazine’s larger Fortune 1000 ranking.

Four others made the Fortune 1000: No. 551 Pacific Life Insurance Co., a private company Fortune includes since it reports results for policyholders; No. 675 Fullerton-based Beckman Coulter Inc.; No. 745 Huntington Beach-based Quiksilver Inc.; and No. 932 Sun Healthcare Group Inc.

The county lost one company from the Fortune 1000,Lake Forest-based Apria Healthcare Group Inc.,which was acquired for $1.7 billion in November by private equity firm Blackstone Group LP.

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